Www.sas.ac.uk



-7620069215Please read this document carefully and complete all sections as instructed. 00Please read this document carefully and complete all sections as instructed. The School of Advanced Study participates in the William D. Ford Federal Direct Loan (Direct Loan) Program. Below you will find outlined the types of loans available, how to apply for them and when and how they are disbursed. We will also keep you informed at each step of the process by email.Through the Direct Loan Program, the U.S. Department of Education (the Department) lends the money directly to students through the student’s school. There are different types of loan available – Direct Unsubsidized Loans and Direct PLUS Loans.If you are applying for a programme which runs from more than one year in duration you will need to complete this process each year for your programme of study.Application Process Explained: There are several steps – detailed below – to your loan application. We will not know you have completed all processes for all the loans you intend to borrow unless you inform us, and will not know how much you wish to borrow until you inform us.Please read through the instructions carefully. There are some stages where we need a screen-shot as evidence, and if you run past that stage then you have to start over again to get back to it – this is particularly important at the credit check (for PLUS Loans) because if you miss it, you have to wait at least 24 hours for the email from the USDE, and if that email only states that you have done a credit check but does not give the result, then you will have to go through the credit check and screen-shot again. Each application for a credit check is logged on your credit rating, it may affect your credit rating in the future.Please provide all evidence required in the steps below in one email. If anything is missing, we cannot proceed with the origin.-5080579755Name: Date of Birth: Social Security Number: Cost of Attendance: $Amount of loan you wish to borrow: $Amount of additional non-Loan financial aid E.G Bursaries, Scholarships: $Permanent Home Address: Without these documents we will not be able to process your loan application, and all must be provided at the same time in order for us to proceed. The process and timing for what the US Federal Government determines as a Foreign School may well differ from what it is outlined for US-based institutions.Once all documents have been received we will originate (certify) the loans and send a confirmation letter to you. This letter can in turn be used to support your visa application.Please replace each box with an X to confirm the following which apply to you.?I have firmly accepted an unconditional offer from the School of Advanced Study.?I have attached my completed Cost of Attendance Calculation Spreadsheet.?I have attached a PDF copy of my Student Aid Report (SAR).?My FAFSA answers are correct, I have read my SAR 'Comments about Your Information' section and there are no issues to resolve under 'What you must do now'. I have submitted any documents mentioned in this section with my application. ?I have completed Entrance Counselling for my Unsubsidized Stafford loans and PLUS combined for postgraduates and have provided a screenshot or completion certificate PDF. ?I have attached my Stafford MPN PDF.?I have attached my Grad PLUS MPN PDF as I am a postgraduate borrowing more than $20,500 and?I have attached a screenshot of my credit check that shows I have been accepted.Email all your documents as attachments to sas.fees@sas.ac.uk with the subject ‘US Loan Application Documents + Student Number + Surname’. Please ensure that you have completed each required document so that we can process your loans in good time.Incomplete applications will not be processed.Please allow two weeks from the receipt of your complete application for confirmation of your loans and for a Visa letter to be sent to you.Checklist:Personal Details:00Name: Date of Birth: Social Security Number: Cost of Attendance: $Amount of loan you wish to borrow: $Amount of additional non-Loan financial aid E.G Bursaries, Scholarships: $Permanent Home Address: Without these documents we will not be able to process your loan application, and all must be provided at the same time in order for us to proceed. The process and timing for what the US Federal Government determines as a Foreign School may well differ from what it is outlined for US-based institutions.Once all documents have been received we will originate (certify) the loans and send a confirmation letter to you. This letter can in turn be used to support your visa application.Please replace each box with an X to confirm the following which apply to you.?I have firmly accepted an unconditional offer from the School of Advanced Study.?I have attached my completed Cost of Attendance Calculation Spreadsheet.?I have attached a PDF copy of my Student Aid Report (SAR).?My FAFSA answers are correct, I have read my SAR 'Comments about Your Information' section and there are no issues to resolve under 'What you must do now'. I have submitted any documents mentioned in this section with my application. ?I have completed Entrance Counselling for my Unsubsidized Stafford loans and PLUS combined for postgraduates and have provided a screenshot or completion certificate PDF. ?I have attached my Stafford MPN PDF.?I have attached my Grad PLUS MPN PDF as I am a postgraduate borrowing more than $20,500 and?I have attached a screenshot of my credit check that shows I have been accepted.Email all your documents as attachments to sas.fees@sas.ac.uk with the subject ‘US Loan Application Documents + Student Number + Surname’. Please ensure that you have completed each required document so that we can process your loans in good time.Incomplete applications will not be processed.Please allow two weeks from the receipt of your complete application for confirmation of your loans and for a Visa letter to be sent to you.Checklist:Personal Details:20347193This document ensures that all information needed to originate your loans has been provided. We require this completed checklist along with all the relevant documents to originate your loans. Please complete the following:00This document ensures that all information needed to originate your loans has been provided. We require this completed checklist along with all the relevant documents to originate your loans. Please complete the following:-857252360930By requesting this loan, I agree to the following:I understand that the School will process and share my data to determine my eligibility for Federal Student Aid; to originate my loans; to comply with the external reporting, annual audit requirement set out by the US Dept. of Education’s Federal Aid regulations; to receive, disburse and convert loan funds via our banking provider/business partner. I give my consent for some information to be shared with them. I understand that the loans are used to pay tuition fees first and this will be deducted before the remaining funds are transferred for living and study expenses. I will immediately inform Student Funding of any change to my enrolment status. No part of my study will be undertaken in the US or an institution not approved by the US Dept. of Education for the federal aid program.I will pay my tuition fees by the due dates if my loans are not enough to cover the fees.Please sign below to confirm that you understand and agree to the contents of this document.Student Name: Student Number (can be found on offer letter): Signature (electronic is acceptable): Date:Declaration and Privacy Statement00By requesting this loan, I agree to the following:I understand that the School will process and share my data to determine my eligibility for Federal Student Aid; to originate my loans; to comply with the external reporting, annual audit requirement set out by the US Dept. of Education’s Federal Aid regulations; to receive, disburse and convert loan funds via our banking provider/business partner. I give my consent for some information to be shared with them. I understand that the loans are used to pay tuition fees first and this will be deducted before the remaining funds are transferred for living and study expenses. I will immediately inform Student Funding of any change to my enrolment status. No part of my study will be undertaken in the US or an institution not approved by the US Dept. of Education for the federal aid program.I will pay my tuition fees by the due dates if my loans are not enough to cover the fees.Please sign below to confirm that you understand and agree to the contents of this document.Student Name: Student Number (can be found on offer letter): Signature (electronic is acceptable): Date:Declaration and Privacy Statement-874641574The School receives your Direct Loan in three disbursements if you are a postgraduate. When the funds are received, tuition fees are always deducted first before the remaining funds are transferred to you for your living and study expenses. If the loan you have applied for is not enough to cover the fees due, then please ensure that you pay the balance. You must contact the Fees Officer to arrange the alternative payments, to make sure that you pay them by the due dates in September, November, January and March (September entry). Failure to make these payments may result in sanctions on your accounts with the School. Disbursement Information:The School receives your Direct Loan in three disbursements if you are a postgraduate. When the funds are received, tuition fees are always deducted first before the remaining funds are transferred to you for your living and study expenses. If the loan you have applied for is not enough to cover the fees due, then please ensure that you pay the balance. You must contact the Fees Officer to arrange the alternative payments, to make sure that you pay them by the due dates in September, November, January and March (September entry). Failure to make these payments may result in sanctions on your accounts with the School. Disbursement Information: ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download